Banksie: how to solve youth unemployment woes
The ACT MP says we can't blame the recession, interest rates or weak overseas markets for a 30-year high of jobless young people.
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Youth unemployment is at the highest rate for 30 years but ACT MP John Banks says the country cannot blame interest rates, the recession or weak overseas markets.
Statistics New Zealand says 41,500 New Zealanders aged 15-19 wanted a job in December 2012 but couldn't find one.
Why?
Writing in today's National Business Review print edition, Mr Banks tells who is to blame and how to solve the problem.
Meanwhile, the woman behind Fisher Funds, Carmel Fisher, who announced last week a $79 million deal to take over Tower Investments with new partner TSB Bank, says why she thinks so many conversations about her company seemingly degenerate into a bunfight over its fees.
Business editor Duncan Bridgeman details Guinness Peat Group subsidiary Coats' latest potentially costly court action – this time in the US.
He also reveals which two former Pyne Gould Corporation executives are thought to be pursuing claims against the company in the Employment Court.
In NBR In Depth, Southern Cross Health Society chief executive Peter Tynan throws his support behind a bill – calling for the removal of fringe benefit tax on employer-paid health premiums – which will reignite the debate about future healthcare affordability.
NBR Online staff
Fri, 08 Mar 2013
Fri, 08 Mar 2013
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Banksie: how to solve youth unemployment woes
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